Otovo ASA – Ex. reverse share split today

Oslo, 3 February 2026 Issuer Name: Otovo ASA Ex-date: 3 February 2026 Type of corporate action: Reverse share split

Reverse split ratio: 10:1, i.e. ten (10) old shares give one (1) new share

New par value per shares: NOK 0.10

New number of shares outstanding: 53,139,081 shares

*** For further information, please contact: William J. (John) Berger, Chief Executive Officer Email: John.berger@otovo.com Andreas Thorsheim, Chief Product Officer Email: athornor@otovo.com About Otovo Otovo is an AI-Native energy services company in Europe and the United States. We combine real-time equipment monitoring, rapid repairs, dependable power supply, and grid participation into a single, seamless service–delivering maximum service at a minimal cost. Endurance, Otovo’s industry-leading AI platform, continually monitors installed equipment in homes and businesses, optimizes the entire service process from problem detection to resolution, and coordinates repairs around the clock. “Your Power, Backed by Ours.” Otovo is listed on the Euronext Oslo Stock Exchange under the ticker OTOVO. Visit us at https://otovo.ai/.